News by M

The proposed adjustment in Peninsular Malaysia’s base electricity tariff under the Regulatory Period 2025-2027 (RP4) is mainly a “rebasing exercise” to reflect higher fuel costs assumption, said Tenaga Nasional Bhd (KL:TENAGA).

Peninsular Malaysia's base electricity tariff has been set at 45.62 sen per kilowatt hour (kWh) in the three-year regulatory period 2025-2027 (RP4), said Tenaga Nasional Bhd (TNB) (KL:TENAGA).

Built by award-winning developer Worldwide Property, the property arm of Worldwide Holdings Bhd, Pavonia intertwines modern living with the nostalgic charm of a tropical landscape spanning 8.2 acres.

Recent news have reported that Kuala Lumpur City Hall (DBKL) is considering an increase in both assessment tax and quit rent rates, following the Selangor state government’s 25% hike from January next year.

Noteworthy:

• Freehold
• Built-up size: 4,034 sq ft
• Floor level: low
• 5 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: Sunway 163 Mall, 1 Mont’Kiara, Plaza Mont’Kiara, Mont’Kiara International School, Garden International School, KLGCC
• Accessibility: SPRINT Kerinchi and Penchala Links, NKVE, DUKE, North-South Expressway, Jalan Duta-Sungai Buloh Highway

April 2024

Noteworthy:

• Leasehold
• Built-up size: 2,200 sq ft
• Land size: 3,260 sq ft
• 5 bedrooms, 3 bathrooms
• Semi-furnished
• Nearby amenities: MRT Taman Equine, Columbia Asia Hospital-Puchong, Universiti Putra Malaysia, IOI Mall Puchong, AEON Mall Taman Equine
• Accessibility: LDP, SKVE, MEX, KESAS, North-South Expressway, Jalan Putra Permai

When: October 2024

The government has removed the 85% demand capacity cap for non-domestic users under its self-consumption (SelCo) programme, and to allow the installation of solar panels on the ground and over bodies of water.

Bank Negara Malaysia’s (BNM) proposal to abolish the flat-rate method for calculating personal financing is seen as a significant step towards improving the financial health of households, said an economist.

NEM Rakyat will be increased by 150 megawatts (MW) to 600MW, while NEM Nova will be increased by 300MW to 1,700MW. 

A sale-and-purchase agreement for the land, the site of the former Royal Malaysian Air Force base on Jalan Sungai Besi, Kuala Lumpur, was signed with Bandar Malaysia Sdn Bhd and Bandar Malaysia Land Sdn Bhd on Oct 4.